Pivotal-Point Tracking Pitney Bowes (PBI): Shipping Specialist Raises Annual Forecast After Strong Preliminary Quarterly Results!
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Pitney Bowes is a technology company specializing in shipping and postal solutions that serves over 90% of Fortune 500 companies. On April 21, the company released strong preliminary results for Q1, prompting another stock surge. The adjusted earnings per share were at 0.47 USD, significantly higher than the previous year (0.33 USD) and also surpassed analyst estimates. Consequently, management raised the full-year forecast for 2026. EPS is now projected to be between 1.50 and 1.65 USD, while free cash flow is estimated to be up to 380 million USD....
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